Corebridge Financial Inc. Decreases Stock Position in Energy Fuels Inc. (NYSEAMERICAN:UUUU)

Corebridge Financial Inc. cut its stake in shares of Energy Fuels Inc. (NYSEAMERICAN:UUUU) by 5.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 93,234 shares of the company’s stock after selling 5,658 shares during the quarter. Corebridge Financial Inc.’s holdings in Energy Fuels were worth $478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of UUUU. AlphaMark Advisors LLC purchased a new stake in Energy Fuels during the 4th quarter valued at $25,000. Steward Partners Investment Advisory LLC raised its stake in shares of Energy Fuels by 65.7% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,159 shares of the company’s stock valued at $32,000 after acquiring an additional 2,442 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of Energy Fuels by 48.5% during the fourth quarter. Signaturefd LLC now owns 8,870 shares of the company’s stock worth $46,000 after purchasing an additional 2,898 shares during the period. Wealthspan Partners LLC purchased a new stake in shares of Energy Fuels during the fourth quarter worth about $51,000. Finally, Accel Wealth Management bought a new stake in shares of Energy Fuels in the fourth quarter worth about $52,000. 48.24% of the stock is currently owned by institutional investors.

Insider Activity at Energy Fuels

In other Energy Fuels news, VP Daniel Kapostasy sold 12,350 shares of the firm’s stock in a transaction that occurred on Friday, March 14th. The shares were sold at an average price of $4.10, for a total transaction of $50,635.00. Following the completion of the transaction, the vice president now owns 57,705 shares of the company’s stock, valued at approximately $236,590.50. This trade represents a 17.63 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Bruce D. Hansen bought 6,000 shares of the stock in a transaction dated Wednesday, March 19th. The shares were acquired at an average price of $4.25 per share, with a total value of $25,500.00. Following the completion of the acquisition, the director now directly owns 295,239 shares of the company’s stock, valued at approximately $1,254,765.75. The trade was a 2.07 % increase in their position. The disclosure for this purchase can be found here. 1.92% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

UUUU has been the subject of a number of recent analyst reports. HC Wainwright lowered their price target on Energy Fuels from $11.00 to $10.75 and set a “buy” rating for the company in a research report on Friday, February 28th. Roth Capital set a $5.75 target price on Energy Fuels in a report on Friday, February 28th. Finally, Roth Mkm upgraded shares of Energy Fuels from a “neutral” rating to a “buy” rating and set a $5.75 price target on the stock in a report on Friday, February 28th.

Energy Fuels Stock Performance

Energy Fuels stock opened at $3.44 on Wednesday. Energy Fuels Inc. has a fifty-two week low of $3.20 and a fifty-two week high of $7.47. The stock’s 50 day simple moving average is $4.64 and its two-hundred day simple moving average is $5.44. The stock has a market cap of $683.49 million, a price-to-earnings ratio of -15.64 and a beta of 1.68.

Energy Fuels Company Profile

Energy Fuels Inc, together with its subsidiaries, engages in the extraction, recovery, recycling, exploration, permitting, evaluation, and sale of uranium mineral properties in the United States. The company produces and sells vanadium pentoxide, rare earth elements, and heavy mineral sands, such as ilmenite, rutile, zircon, and monazite.